(A) Upon completion of the improvement and the payment of the cost thereof, the Clerk shall certify to the Manager the total cost of said improvement. The Manager shall submit this report to the Commission, together with the amount of the original roll for said improvement.
(B) Should the assessments in any special assessment roll, together with the amount to be paid by the city-at-large, prove insufficient for any reason to pay the cost of the improvement, as defined in § 1.301, then the Commission may make additional assessments against the several lots and parcels of land and/or charges to the city-at-large in the same ratio as the original assessments and charges, to supply the deficiency; but the total amount assessed against any lot or parcel of land shall not exceed the value of the benefits received from the improvement.
(C) Should the assessments levied plus the amount charged to the city-at-large prove to be more than 5% larger than necessary to defray the cost of the improvement, then the Commission shall, by resolution, order the excess to be applied pro rata to the amount charged to the city-at-large and to the unpaid installments of said special assessment against each lot or parcel of land. Any amount of such excess shall be applied equally to all outstanding installments. Any amount of such excess which cannot be applied as aforesaid shall be refunded to the current property owner of said lot or parcel of land.
(Ord. effective 7-28-2017)